Five community bank experts were appointed to a Federal Reserve Bank of Minneapolis advisory council this spring by President and CEO Neel Kashkari.

The Community Depository Institutions Advisory Council (CDIAC) provides information, advice, and recommendations to the Minneapolis Fed president from the perspective of thrift institutions, credit unions, and banks in the Ninth District with total assets of less than $10 billion.

Dylan Clarkson, president and CEO of Pioneer Bank & Trust in Spearfish, South Dakota, is a returning member of the council and the CDIAC’s newly appointed chair. The chair of the Minneapolis CDIAC represents the Ninth District at meetings of the Board of Governors’ CDIAC in Washington, D.C.

The following individuals will join Clarkson and four returning members on the council:

• Annamarie DeYoung
  President and CEO, Sky Federal Credit Union
  Livingston, Montana
• Shay Horton
  President and CEO, Cumberland Federal Bank
  Cumberland, Wisconsin
• Rob Stephenson
  President and CEO, First Dakota National Bank
  Yankton, South Dakota
• Aleesha Webb
  President and Vice Chair, Village Bank
  Blaine, Minnesota
• James L. Williams III
  CEO, BankNorth
  Casselton, North Dakota

The Federal Reserve Bank of Minneapolis is one of 12 regional Reserve Banks that, with the Board of Governors in Washington, D.C., make up the Federal Reserve System, the nation’s central bank. The Federal Reserve Bank of Minneapolis is responsible for the Ninth Federal Reserve District, which includes Montana, North and South Dakota, Minnesota, northwestern Wisconsin, and the Upper Peninsula of Michigan. The Federal Reserve Bank of Minneapolis participates in setting national monetary policy, supervises numerous banking organizations, and provides a variety of payments services to financial institutions and the U.S. government.